Nora Colomer

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.

The hospital system will sell $250 million of bonds using the Michigan Finance Authority as conduit.

The airport authority in Ohio is using capital facility charges to back bonds for the facility.

Detroit approved its first budget after leaving state oversight and city officials say they will get its ratings back to investment grade.

Cleveland Clinic will be pricing $930 million of bonds and roughly half of the structure will be variable rate debt that the clinic hopes will lower its costs.

Cleveland is looking to lock in low fixed rates and eliminate all risks related to the Water System’s hedged debt.

Detroit CFO says it's on track to exit state oversight without the need for legislative actions.

Ohio legislature settled on a leaner gas tax increase to help fund fixes for its roads and bridges.

Damage from the floodwaters will impact state and local governments and ripple through the region's economy.

It's the first such deal in four years for the authority.

Jason Dudich will join the University of Indianapolis at the end of May as vice president, chief financial officer and treasurer.

The deal received $3 billion in orders, allowing the finance team to trim yields.

Indianapolis and Marion County have tapped a new revenue pledge to back more than $600 million of bonds

Developments in Detroit's auto industry give the city an edge over other Midwest cities, according to Moody's Investors Service

Ohio Gov. Mike DeWine is running into flack from fellow Republicans who control the legislature for his 18 cent-per-gallon proposal.

The ballot measure marks the first time the Ohio capital has asked voters to approve a dedicated affordable housing fund, for $50 million.

The state treasurer's office is reviewing proposals for underwriting and remarketing services, and the Public Facilities Commission is choosing attorneys.

The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.